Garland Auto Insurance Companies

Different Kinds of Auto Insurance Coverage

You might have heard some terms thrown around by Garland auto insurance companies, but they didn’t take the time to really explain what they mean – or why you should care. For example, did any auto insurance companies go over MedPay or PIP? There’s a pretty good chance they didn’t. Here’s a brief explanation of some of the terms you’ve either already encountered, or will encounter, as you shop around for a new policy.

Trying to contact different Garland auto insurance companies can be not only a hassle, it can also be incredibly confusing. Why not take all of that stress out of the equation by calling RAKA Financial Services? We’ll make buying auto coverage a breeze, and we’ll treat you like a true partner – we won’t look at you as a dollar sign like some other auto insurance companies in Garland TX will. When you choose RAKA Financial Services, we’ll tell you exactly what kind of policy will meet your specific needs.

Collision/Comprehensive – Collision coverage will pay for any damage that happens to your car if you’re in an accident. It will pay for YOUR repairs – not the other driver’s repairs. If the cost to repair your car will be more than what it’s worth, your insurer will declare the vehicle “totaled,” or a total loss. The company will then cut you a check for the value of that vehicle. Comprehensive coverage provides protection against non-accident damage, such as hail or some other weather-related issue.

MedPay/PIP – Auto insurance companies in Garland TX also offer a certain amount of medical payment coverage (MedPay) for injuries you and/or your passengers should suffer if an accident takes place – whether or not you’re at fault. MedPay is different from PIP (personal injury protection). PIP is more comprehensive, including not only medical expenses but also lost wages and more.

Liability/UM – Liability coverage protects you if you’re to blame for an accident. It pays for the other driver’s property damage and medical expenses. UM (uninsured/underinsured) motorist coverage pays for part of your damages if the other driver either has no insurance, or has coverage that isn’t enough to pay for those damages.

Learn more about what separates RAKA Financial Services from other Garland auto insurance companies by contacting us online or calling 682-203-2003.